SMS notification service fees

Fees

20 free SMS per month then EUR 0.07 per SMS

SMS (Short Message Service) notification fees are charged in EUR for every message sent to the client in accordance with their subscriptions. Fees are converted to the base currency of the client account and are charged at the settlement time.

Dukascopy Bank SA offers 20 free SMS per month to every client. Every message exceeding this number will incur a charge of EUR 0.07. Charged commissions appear daily in a separate entry on the Portfolio statement of the client.

This pricing applies to every SMS sent to the phone operator of the client.

Transfers in currencies different than the currency of the account are subject to the additional commission specified in the table of Currency Exchange section.

Trading Account Fees

Opening

Free of charge

Closing*

Free of charge

Maintenance**

CHF 0 to CHF 200 annually per client

* Dukascopy Bank SA may close, without further notice, any Trading Account left unfunded for more than 360 days or with insufficient balance to pay the accrued fees.

** During the first 360 days after opening, Trading Accounts are free of Maintenance Fees. After this period, Trading Accounts remain free of charge for clients having had at least one open position on the SWFX - Swiss FX Marketplace or one online currency conversion during the last 90 days. Otherwise, Dukascopy Bank SA charges CHF 50 as Maintenance Fees every 90 days, as long as there is no trade/open position/online currency conversion. Maintenance Fees are capped at CHF 200 per year and per client, regardless the number of Trading and Savings sub-accounts of each client, save exceptions subject to specific agreement.

Current Account Fees

Opening

Free of charge

Closure *

Free of charge

Maintenance **

0 to 0.2% annually per client

* Dukascopy Bank SA may close, without further notice, any Current Account left unfunded for more than 360 days or with insufficient balance to pay the accrued fees.

** Starting from opening, Current Accounts are free of charge for clients having had at least one open position on the SWFX - Swiss FX Marketplace or one online currency conversion during the last 90 days. Otherwise, Dukascopy Bank SA may charge Maintenance Fees up to 0.2% per year of average balance but at least CHF 50 every 90 days, as long as there is no trade/open position/online currency conversion. Maintenance Fees are capped at CHF 200 per year and per client, regardless the number of Trading and Current sub-accounts of each client, save exceptions subject to specific agreement.

Currency Exchange

On-line money exchange, deposits, withdrawals, internal and external transfers, all kind of fees (except trading commissions), compensations and adjustments, which require currency conversions are executed at Dukascopy Bank SA's current spot rate adjusted by a fee in the table below.

Amount to be converted
(in base currency of the currency pair)

Fee

< 10'000

1.00%

≥ 10'000

0.75%

≥ 50'000

0.50%

≥ 100'000

0.20%

≥ 500'000

0.10%

≥ 1'000'000

0.05%

The settling of profits or losses in currencies that differ from the base currency of the Client account involves currency conversions. These conversions are carried out using Dukascopy Bank's settlement rate adjusted by a 0.1% fee.

Bank Guarantee Fees

Fees

1.25% per year*

* Fees charged upfront at the moment the Bank Guarantee is issued and at the beginning of each following year.

Bank Guarantees may be issued only in relation with a Current Account.

Credit Card Fees

Fees

on request depending on Card Type

Credit Cards may be issued only in relation with a Current Account and requires that a Bank Guarantee be issued by Dukascopy Bank SA in favor of the credit card issuer. The Bank Guarantee Fees apply additionally.

Sending of Account statement / banking confirmation

Fees

CHF 150

Dormant Account Fees

Account Maintenance Fees apply plus any costs incurred by necessary researches to reestablish contact, minimum CHF 500 but not more than the account balance.

Withholding Tax / RUBIK Fees (UK and Austria)

CHF 200 are charged each year to clients residing in Austria or UK opting for the Withholding Method.

Binaries fee structure

In order to enter into binary option contracts, the client shall pay a premium which corresponds to the contract size. The premium is automatically debited by Dukascopy Bank from the client account, prior to opening any option contract for the client. If the funds on the client's account are insufficient to pay the premium, Dukascopy Bank automatically adjusts the contract size and/or rejects the client order(s).

Dukascopy Bank does not charge any additional fees othe than the premium for entering into binary options contracts. However, the client understands and accepts that the market spread between the BID and the ASK price which exists for all tradable instruments negatively influences the probability of a gain. It should be noted that, in the case of Up option, the strike price of the option is based on the ASK but the relevant price at the maturity of the option, which determines if the option is In or Out-of-the-money, is the BID price. Inversely, for a Down option, the strike is based on the BID and the determining price at the maturity of the option is the ASK price. This means that, in order to be In-the-money, the price of the underlying shall move in the forecast direction more than the spread size.

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